Adjusting journal entry—salaries, accrued revenue, interest expense

(Learning Objective 2) 5–10 min.

Journalize the following adjusting entries at August 31:

1. Services provided but not recorded, $2,700.

2. Salaries earned by employees but not recorded, $3,200.

3. Accrued interest on a note payable, $260.

AppendixLO1